27% profit every 20 days?
This is what Nic Chahine averages with his option buys. Not selling covered calls or spreads… BUYING options. Most traders don’t even have a winning percentage of 27% buying options. He has an 83% win rate. Here’s how he does it.
MongoDB Inc (NASDAQ:MDB) shares are trading higher after the company reported better-than-expected Q4 EPS and sales results. The company also issued Q1 and FY23 EPS and sales guidance above analyst estimates.
27% profit every 20 days?
This is what Nic Chahine averages with his option buys. Not selling covered calls or spreads… BUYING options. Most traders don’t even have a winning percentage of 27% buying options. He has an 83% win rate. Here’s how he does it.
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Total Q4 revenue came in at $266.5 million, an increase of 56% year-over-year. Subscription revenue grew 58% and services revenue grew 17%. The company guided Q1 sales of $263 million to $267 million vs the $253.41 million consensus estimate.
Shares of MongoDB were up 9.68% at $309.01 at the time of publication. The stock has a 52-week low of $238.01 and a 52-week high of $590.